Quantcast
Home / News / Construction / Construction Spending Shrinks 2.9 Percent In April As Public Agencies, Private Owners Halt Work; Association Urges Boost To Federal Financing (access required)

Construction Spending Shrinks 2.9 Percent In April As Public Agencies, Private Owners Halt Work; Association Urges Boost To Federal Financing (access required)

New Federal Investments in Transportation, Other Types of Infrastructure Will Help Offset Expected Declines in State and Local Funding as State Budgets Suffer Impacts of Coronavirus Lockdowns

  Construction spending plunged in April as governmental agencies and project owners shut down ongoing work and canceled projects that were about to break ground, according to an analysis by the Associated General Contractors of America of government data released today. Association officials warned that further steep declines are inevitable for public projects unless the federal ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*